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VCM12025 - Venture Capital Schemes Manual - HMRC internal manual

VCM12025 - EIS: income tax relief: general requirements: advance subscription agreements You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals. Advance Subscription Agreements Advance subscription agreements (ASAs) are sometimes used to raise funds for a company quickly, at a time when the value of shares cannot be easily ascertained. An ASA enables investors to pay subscription funds into a company at an early st...
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Source: gov.uk

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